$58,000
SOLD NOV 11, 2016

509 S Varsity Ave Muncie, IN 47304

Carlton-Ludingwood Neighborhood
3 Beds
1 Bath
1,124 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • Forced Air Heating and Cooling System
  • Storm Windows
  • 1-Story Property
  • Privacy Fence

About This Home

As of November 2019

Quiet street. Large shade trees. Close to BSU and the hospital. Three bedrooms. Privacy fencing around the entire back yard. 1.5 car detached garage. Updated and remodeled.

Last Agent to Sell the Property

Dan MacDonald

Epique Inc. Listed on: 10/05/2016

Epique Inc.

Last Buyer's Agent

Jim Mochal

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,154

Year Built

  • Built in 1953

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Privacy Fence
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Storm Windows
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Westview Elementary School
  • Northside Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • College Square Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181117108008000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,154

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1953
  • Age: 63
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Carlton Addition College Square Lot 8 STR 17-20-10 |
  • Parcel Number ID: 181117108008000003
  • Platted: Yes
  • Amenities: Patio Open, Storm Windows, Washer Hook-Up
  • Sp Lp Percent: 96.67
  • Zoning Description: Res
  • Year Taxes Payable: 2015
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1124
  • Total Finished Sq Ft: 1124
  • Above Grade Finished Sq Ft: 1124
  • Price Per Sq Ft: 51.6
  • Basement Foundation: Slab
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Family Room: Dimensions: 15x11, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x9, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Main Level Sq Ft: 1124
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Privacy
  • Outbuilding2: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 23x18
  • Garage Sq Ft: 414
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: City
  • Water Utilities: City
  • Electric Company: AEP/I&M, CenterPoint Energy
  • Water Company: Indiana American Water Co, Muncie Sanitary Dist.
  • Laundry: Dimensions: Mainx6, On Level: 6

Schools

  • School District: Muncie Community Schools
  • Elementary School: Westview
  • Middle School: Northside
  • High School: Central
  • Elementary School: Westview

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 60x120
  • Estimated Lot Sq Ft: 7200
  • Estimated Lot Size Acres: 0.1653
  • Lot Number: 8

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows, Storm Windows

Tax Info

  • Annual Taxes: 1154
  • Total Assessed Value: 54100
  • Exemptions: Homestead, Mortgage

MLS Schools

  • High School: Central
  • Middle School: Northside
  • School District: Muncie Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 8, 2019
Sold by
Sloan Jeffrey L
Bought by
Jones Anthony
Seller's Agent
Jim Mochal
Coldwell Banker Real Estate Group
Buyer's Agent
Rich Lee
RE/MAX Real Estate Groups
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%
Current Estimated Value
$143,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,775
Avg. Annual Appreciation
9.08%
Original Mortgage
$81,700
Outstanding Balance
$71,875
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$71,900

Purchase Details

Listed on
Jun 15, 2012
Closed on
Nov 29, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Equity Trust Company
Seller's Agent
Rickie Sipe
Property House, Inc.
Buyer's Agent
Dan MacDonald
List Price
$35,001
Sold Price
$35,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Mar 14, 2012
Sold by
Monroe Terry A
Bought by
Midfirst Bank

Purchase Details

Closed on
Nov 27, 2006
Sold by
Elton Diana S
Bought by
Monroe Terry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,285
Interest Rate
6.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- In Title
Special Warranty Deed -- None Available
Corporate Deed -- None Available
Sheriffs Deed $86,861 None Available
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $81,700 New Conventional
Previous Owner $63,285 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2019 11/08/19 Sold $86,000 -4.3% $77 / Sq Ft View Prior Sale
10/02/2019 10/02/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $89,900 +55.0% $80 / Sq Ft
11/11/2016 11/11/16 Sold $58,000 -3.3% $52 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $60,000 +71.4% $53 / Sq Ft
12/04/2012 12/04/12 Sold $35,001 0.0% $31 / Sq Ft View Prior Sale
07/20/2012 07/20/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $35,001 -- $31 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,112 $100,400 $14,300 $86,100
2023 $1,104 $99,600 $13,000 $86,600
2022 $968 $86,000 $13,000 $73,000
2021 $800 $69,200 $11,000 $58,200
2020 $792 $68,400 $10,000 $58,400
2019 $591 $50,200 $9,100 $41,100
2018 $585 $52,400 $9,600 $42,800
2017 $578 $52,100 $10,100 $42,000
2016 $627 $54,900 $10,700 $44,200
2014 $1,105 $53,100 $10,700 $42,400
2013 -- $34,400 $11,200 $23,200
Source: Public Records

Agents Affiliated with this Home

  • Jim Mochal

    Seller's Agent in 2019

    Jim Mochal

    Coldwell Banker Real Estate Group

    (765) 748-1005

    83 Total Sales

    Jim Mochal
    Section Image
  • Rich Lee

    Buyer's Agent in 2019

    Rich Lee

    RE/MAX

    (765) 744-9951

    5 in this area

    216 Total Sales

    Rich Lee
    Section Image
  • Dan MacDonald

    Seller's Agent in 2016

    Dan MacDonald

    Epique Inc.

    (765) 748-5583

    61 Total Sales

    Dan MacDonald
    Section Image

  • R

    Seller's Agent in 2012

    Rickie Sipe

    Property House, Inc.

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201646232

Indiana Regional MLS

APN: 18-11-17-108-008.000-003

Indiana Delaware County Muncie 47304 Carlton-Ludingwood

509 S Varsity Ave, Muncie, IN

This home is located at 509 S Varsity Ave, Muncie, IN 47304 and is currently priced at $58,000, approximately $51 per square foot. This property was built in 1953. 509 S Varsity Ave is a home located in Delaware County with nearby schools including West View Elementary School, Muncie Central High School, and Northside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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